earnings
confidence high
sentiment positive
materiality 0.80
Kontoor beats Q1 expectations: revenue $680M, EPS $1.40; raises FY2022 guidance
Kontoor Brands, Inc.
2022-Q1 EPS reported
$1.40
revenue$679,743,000
- Revenue $680M (+4% YoY), exceeding guidance of $650-660M.
- GAAP EPS $1.40 vs guidance $1.15-$1.25; prior year GAAP EPS $1.09.
- FY2022 revenue outlook raised to above $2.7B (approx 10% YoY growth) from high single digits.
- FY2022 GAAP EPS guidance raised to $4.75-$4.85 from $4.65-$4.75.